Year ended 31 December 2010

20

Employee benefits

Defined benefit obligations

Certain subsidiaries of the Group operate defined benefit plans that provide pension and healthcare benefits, as required under the labour laws of the respective countries. These pension plans are unfunded.

Details of defined benefit obligations in respect of the subsidiaries are as follows:

Movements in the liability for defined benefit obligations are as follows:

Group

2009 $’000

Note

2010 $’000

26 26

16,962 (1,847) 554 462 (221) (2,573) 13,337

At 1 January Benefits paid by the plan Current service costs recognised in the income statement Interest costs recognised in the income statement Provision written off Translation differences on consolidation At 31 December